White Company Budgeted for $200,000 of Fixed Overhead Cost and Volume

question 80

Multiple Choice

White Company budgeted for $200,000 of fixed overhead cost and volume of 40,000 units.During the year,the company produced and sold 39,000 units and spent $210,000 on fixed overhead. The fixed overhead cost spending variance is:

• A) $10,000 favorable.
• B) $10,000 unfavorable.
• C) $5,000 favorable.
• D) $5,000 unfavorable.

Understand the role of unions in the labor market and their comparative prevalence in the USA vs. Europe.

Recognize the effects of minimum-wage laws on employment, especially among the least skilled and least experienced workers.

Grasp the mechanism and impact of collective bargaining on wages, employment, and the labor market.

Differentiate between unionized and non-unionized labor markets and their respective wage determinations.